NASDAQ$RGLD

Royal Gold Inc. · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Royal Gold reported Q4 2025, revenue of $375.3M, net income of $93.6M, diluted EPS of $1.16.

For Q4 2025, Royal Gold reported revenue of $375.3M, net income of $93.6M, diluted EPS was $1.16, adjusted diluted EPS was $1.92. Management discusses segment performance, capital allocation, and outlook in the earnings filing.

  • Revenue $375.3M.
  • Net income $93.6M.
  • Diluted EPS $1.16.
  • Adjusted diluted EPS $1.92.

Headline financials

Total Revenue

$375M

Previous: $203M+85.2%
EPS (adj)

$1.92

Previous: $1.63+17.8%
Cash Dividends Declared Per Share

$0.47

Previous: $0.45+5.6%
Adjusted EBITDA Margin

82.0%

Previous: 84.0%-2.4%
Sales Volume (GEOs)

90.8K

Previous: 76.1K+19.3%
Average Gold Price

$4.14K

No prior period
Average Silver Price

$54.73

No prior period
Average Copper Price

$5.03

No prior period
Net Income

$93.6M

Previous: $107M-12.8%
Operating Income

$211M

Previous: $133M+58.0%

Revenue & EPS history

Royal Gold · Revenue · Quarterly

$375M

Q4 2025+85.2%vs Q4 2024
Beat estimate in 6 of 14 quarters(43%)
ActualEstimate

Forward guidance

The release discusses Royal Gold's outlook for upcoming periods, including capital allocation, operating priorities, and market risks, without relying solely on numeric EPS bridges.

Tailwinds

  • Royal Gold cites operational execution and demand trends supporting the outlook.
  • Balance sheet and liquidity actions aim to fund growth and returns.

Headwinds

  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

+0.5%

Avg return

Earnings day

+0.8%

Avg return

5 days after

-0.6%

Avg return

30 days after

52%

34 / 65 earnings

Positive

+23.1%

Q2 2016

Best reaction

-24.4%

Q1 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.9%+3.5%-13.0%
Q4 2025-2.3%+3.7%-22.5%
Q3 2025-2.2%+8.1%+16.4%
Q1 2025-2.2%-7.3%-3.7%
Q4 2024+4.3%-2.8%+0.5%
Q3 2024-0.6%-3.2%-2.7%
Q2 2024-1.0%+3.3%+3.8%
Q1 2024+1.1%+2.0%-0.2%
Q4 2023+2.7%-0.3%+3.7%
Q3 2023+2.2%+4.8%+17.7%
Q2 2023-2.7%-2.1%-3.7%
Q1 2023+4.6%+3.0%-9.9%
Q4 2022-2.5%-3.2%-0.4%
Q3 2022-9.8%-1.3%+17.1%
Q2 2022-1.6%+0.4%-13.3%
Q1 2022+1.0%-5.8%-11.6%
Q4 2021+9.0%+7.4%+24.2%
Q3 2021+3.6%+3.1%+5.8%
Q2 2021-1.5%+3.4%-0.9%
Q1 2021+1.0%-1.1%-9.4%
Q4 2020-0.5%-10.4%-10.2%
Q3 2020+5.9%+3.4%-4.6%
Q2 2020-2.1%-3.9%-5.8%
Q1 2020+2.7%+1.4%+2.6%
Q4 2019+5.9%+7.1%+8.7%
Q3 2019-6.3%-6.3%+1.1%
Q2 2019-3.0%-1.7%+1.5%
Q1 2019-1.1%-2.0%-5.6%
Q4 2018-0.4%-1.2%-11.0%
Q3 2018+0.5%+0.2%+1.9%
Q2 2018+0.2%+1.6%+0.0%
Q1 2018+3.0%+5.6%-1.5%
Q4 2017+2.6%+2.2%+9.8%
Q3 2017+7.0%+10.3%+10.5%
Q2 2017-1.9%-0.8%-9.3%
Q1 2017+9.7%+8.4%+2.4%
Q4 2016-0.5%-1.8%-10.5%
Q3 2016+7.5%
Q2 2016+23.1%
Q1 2016-24.4%
Q4 2015+2.4%
Q3 2015-0.4%
Q2 2015-7.7%
Q1 2015-9.3%
Q4 2014+2.9%
Q3 2014+0.9%
Q2 2014+0.6%
Q1 2014-2.2%
Q4 2013+12.5%
Q3 2013+0.9%
Q2 2013-1.4%
Q1 2013-3.8%
Q4 2012-4.2%
Q3 2012+0.1%
Q2 2012-5.0%
Q1 2012-1.3%
Q4 2011+1.8%
Q4 2009+1.8%
Q3 2010+3.7%
Q3 2011+3.7%
Q2 2011-1.7%
Q2 2010-1.7%
Q1 2011+3.7%
Q4 2010+3.7%
Q1 2010+3.7%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro